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Future Trend Analysis Report

Prepared for you on Wednesday, August 4, 2021.

EURO/CANADIAN $ Sep 2021 (CME:ECD.U21)

Long-Term Uptrend (+90) - ECD.U21 is in a strong uptrend that is likely to continue. While ECD.U21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid ECD.U21?

MarketClub looks at technical strength and momentum to determine if the timing is right for ECD.U21.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_ECD.U21
Open High Low ECD.U21 Price Change
1.4889 1.4930 1.4861 1.4861 -0.0043
Entry Signal

MarketClub’s Trade Triangles for ECD.U21

long term up The long-term trend has been UP since Jul 8th, 2021 at 1.4844

intermediate term up The intermediate-term trend has been UP since Jul 8th, 2021 at 1.4840

short term up The short-term trend has been UP since Aug 3rd, 2021 at 1.4857

Smart Scan Analysis for ECD.U21

Based on our trend formula, ECD.U21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for ECD.U21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.4889 1.4930 1.4861 1.4861 -0.0043
Prev. Close Volume Bid Ask Time
1.4904 364 2021-08-04 10:55:37
Expiration2021-09-13Open Time18:00
Close Time17:00
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